Shell and Exxon say their advances will make tar sands no more polluting than conventional wells in such locales as Texas and the North Sea. Whether that proves true may affect the marketability of crude from Western Canadas tar-soaked bogs, home of crude worth more than $10 trillion at current market prices, the largest oil deposits outside Saudi Arabia.
August 21st, 2009:
Oil Sands May Get Cleaner as Shell, Exxon Bubble Tar to Froth
This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website,
johndonovan.website, and shellnews.net,
are owned by John Donovan. There is also a Wikipedia segment.
Shell’s Arctic investment tops $3B
Shell's investment in its Alaskan Arctic offshore exploration program has now far exceeded $3 billion, with the company yet to be able to turn a drill bit, Shell's Alaska manager told an Anchorage business group Aug. 14.
Shell’s Stanlow oil refinery to stay open
LONDON, Aug. 20 (UPI) — The Stanlow oil refinery in Cheshire, England, will not shut down despite tenders offered by Indian industrial conglomerate Essar, Royal Dutch Shell said.
Essar offered to buy the Stanlow refinery as part of a push by the Indian company to establish a footprint in European markets.
Stanlow is part of a $1.95 billion offer from Essar to acquire three fuel-manufacturing plants in Europe. The two other plants are located in Germany.
Shell is refocusing its investment strategies to Asian markets while Middle Eastern and Asian companies move into the European market.
Australia to Decide on Chevrons Gorgon LNG Next Week
Aug. 21 (Bloomberg) -- Australias government will decide within days whether to give environmental approval for the Chevron Corp.-operated A$50 billion ($41 billion) Gorgon liquefied natural gas project. San Ramon, California-based Chevron and its partners Exxon Mobil Corp. and Royal Dutch Shell Plc won environmental approval from the Western Australian state government earlier this month.
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